FREE MCX TIPS

Tuesday, May 17, 2011

NIFTY TIPS FREE 17 may

INTRADAY TIPS, NIFTY TIPS, INTRADAY TIPS FOR TODAY

Today the Nifty closed with the -60.05 negative points or -1.09% down and settle at 5,438.95.

On the other hand Nifty futures and options closed at 5,450.00 with the -38.70 Negative points or -0.71 down. Technically the market is in a typically sideways zone with 5400 as a strong support zone to work with and 5535 as a strong resistance zone to work with.

The market unfolded as expected and has closed right on dot 5440. now we are at Make or Break level and if it cracks now then next stop around 5400 or could just bounce back.